Solest London Ltd

Solest London Ltd is a private limited company registered in England/Wales with the registration number 13940625. The company was founded three years ago on February 25, 2022, and registered in N15 5EA, England, London, England, C/O Dirench & Co 151 West Green Road, Seven Sisters. The address is probably virtual as 157 companes registered at the same address. Its status is active. The company operates in the agents involved in the sale of a variety of goods, the wholesale of clothing and footwear, the wholesale of household goods (other than musical instruments) n.e.c., the retail sale via mail order houses or via internet industries. Officially, it has one owner or PSCs, one director and no number of employees published.

The company’s website, Solace London, is clearly focused on e-commerce. It showcases a range of clothing and accessories, with a particular emphasis on dresses and resort wear. The site is well-designed and user-friendly, featuring high-quality product photography and clear navigation. It offers a "Shop" section with new arrivals and capsule collections, as well as an "About Us" page detailing the brand's ethos. The site also includes a cart and checkout process, and a dedicated section for account management and customer support. It’s clear the company is investing in its online presence to drive sales.

Financially, Solest London Ltd shows a mixed picture. Current assets are up slightly at £17,000, while net assets have declined significantly to -£29,000. Bank cash has increased by 380% to £4,800, which is a positive sign. However, creditors have increased substantially, with both short-term and long-term liabilities rising. Trade debtors have also decreased, suggesting potential issues with collecting payments. The company’s small size (meeting two of three conditions for turnover under £10.2m, assets under £5.1m, and fewer than 50 employees) helps it stay agile, but the negative equity raises concerns. The unaudited accounts, prepared using VT Final Accounts software, are exempt from an audit.

In short, Solest London Ltd is a small e-commerce business with a strong online presence, but it’s facing financial challenges. The company's focus on high-end fashion and its investment in its website suggest a commitment to growth, but the negative equity indicates a need for improved cash flow management. It's a bit concerning that the company has been burning through cash, and it’s unclear if it can sustain its operations in the long term.

Registered in England/Wales under the registration number 13940625, with a registered address at N15 5EA, England, London, England, C/O Dirench & Co 151 West Green Road, Seven Sisters.

WARNING:The numbers have been rounded for simplicity and may be inaccurate.Please, refer to the latest financial report for verification.